Portside Square Tower 1 — 2-Bedroom Apartment in Dubai Maritime City by Ellington Properties

Positioned within Dubai Maritime City's emerging waterfront district, this two-bedroom apartment in Portside Square Tower 1 offers a total built-up area of 1,533 sqft — comprising approximately 1,221 sqft of internal living space and 313 sqft of external area. Developed by Ellington Properties, Portside Square is designed to the brand's signature standard of residential architecture in one of Dubai's most distinctive maritime-zone addresses.

The listed asking price is AED 4,175,828, translating to approximately AED 2,724 per sqft on total built-up area. The project is offered off-plan under a 70/30 payment plan — 70% payable during construction and 30% on handover — which structures capital outlay across the build timeline rather than requiring full upfront commitment. The indicative service charge is AED 17 per sqft per year, equating to approximately AED 26,065 annually on the total built-up area; buyers should factor this into their holding-cost calculations.

Dubai Maritime City occupies a peninsula between Port Rashid and the historic Jadaf district, giving it a genuinely rare combination: maritime free-zone infrastructure alongside a developing residential waterfront. For an in-depth look at how this location compares with other off-plan hotspots across Dubai, the 2026 buyer's shortlist of the best areas to buy off-plan property in Dubai provides a structured district-by-district breakdown without the marketing gloss.

Buyers who are new to the mechanics of purchasing off-plan in Dubai — from SPA structures to escrow requirements and DLD registration — will find practical, numbers-first guidance in the comprehensive off-plan apartments buyer's guide, which covers exactly those due-diligence steps. No amenities have been confirmed from the developer's current documentation; any specific amenity claims should be verified directly against the registered Sales Purchase Agreement and project brochure.

This listing is sourced directly from the developer. To browse further off-plan projects in Dubai across comparable price bands and communities, or to see the full live inventory, use the on-page filters or visit the live property inventory. For a broader view of how Ellington Properties sits within Dubai's developer landscape, the developer profiles directory provides comparative context.